Common use of Assignment by City Clause in Contracts

Assignment by City. City may assign all of its rights and obligations under this Agreement to a Governmental Authority, a local government corporation formed by City or a trustee in connection with the Financing; provided that City remains liable for the City’s financial obligations contained herein unless such financial obligations are specifically assumed by any such Governmental Authority.

Appears in 2 contracts

Sources: Ballpark Lease Agreement, Ballpark Lease Agreement